The Nigerian Exchange Group (NGX) is actively preparing for the listing of Dangote Petrochemicals, a move expected to significantly boost market capitalization and deepen Nigeria’s capital markets.
In a statement on Friday, the Chairman of NGX Group, Dr. Umaru Kwairanga, emphasized that the anticipated listing aligns with President Bola Tinubu’s economic agenda, which aims to expand Nigeria’s Gross Domestic Product (GDP) to $1 trillion by 2030.
According to Kwairanga, key listings in the oil and gas sector, such as the planned sale of a stake in NNPC Ltd. and Dangote Petrochemicals, will play a vital role in achieving this goal.
